The 10 Countries With the Lowest Tax Rates in the World

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No. 9 Saudi Arabia

Cheapest Cities to Live in the World

Saudi Arabia is one of the holiest places in the Muslim world, and it owns the second largest reserves of oil in the world. Oil exports account for more than 95% of its exports, and 70% of the government’s revenues. Tax rate is 14.5%, comprised of a 12.4% labor tax and a 2.1% tax on profit.

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